{
  "url": "https://openlegislation.uk/draft-takeovers-amendment-eu-exit-regulations-2019/regulation-3",
  "json_url": "https://openlegislation.uk/draft-takeovers-amendment-eu-exit-regulations-2019/regulation-3.json",
  "legislation": "ukdsi/2019/9780111174180",
  "legislation_title": "The Takeovers (Amendment) (EU Exit) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/draft-takeovers-amendment-eu-exit-regulations-2019",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Amendments to the Companies Act 2006",
  "text": "In section 943—\n(a) for subsection (1), substitute—\n“(1) The Panel must make rules—\n(a) giving effect to the general principles in Part 1 of Schedule 1C, and\n(b) in accordance with Part 2 of that Schedule.”;\n(b) after subsection (1), insert—\n“(1A) Rules must specify the percentage of voting rights that gives a person control of a company for the purposes of this Chapter and how it is to be calculated.”;\n(c) in subsection (7), for “of the Takeovers Directive” substitute “given by paragraph 20(1) of Schedule 1C”;\n(d) omit subsection (8).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2019/9780111174180/regulation/3",
    "retrieved_at": "2026-10-30T15:03:30.586171+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}